Struggling carmaker Saab said it would restart production by noon on Friday after an idle of almost two months due to a cash crunch, in time for a first visit by would-be Chinese partner Pangda <601258.SS>.
The outlook for China's car industry had turned to neutral from positive, weighed down by factors such as rising inflation and weaker consumer confidence, the top executive of SAIC Motor Corp <600104.SS> said on Friday.
The top after-market NASDAQ Stock Market gainers are: Advanced Analogic Technologies, SeaChange International, rue21, Marvell Technology Group, and Saba Software. The top after-market NASDAQ Stock Market losers are: Gordmans Stores, Blue Coat Systems, OmniVision Technologies, THQ, and China Techfaith Wireless Communication Technology.
China's meteorological authority issued an alert on Thursday for the super typhoon nicknamed Songda as it moves near the country's southern coast, state-owned media Xinhua reported today.
Wall Street investment guru and editor of GameChangers Hilary Kramer has put together a list of 12 stocks which she advised investors to sell immediately. While the names that appeared on the list are big ticket stocks, Kramer justifies her position, saying that investors usually make the mistake of holding on to what used to be hot previously. She says, for example, retail stocks were 'yesterday’s market leaders.'
The global Information Technology revolution has given internet access to many relatively poor countries.
The evidence from China, for example, suggests that while higher rates certainly have the potential to dent gold demand, far more important drivers are inflation and growth. China's experience may not be typical, but it's certainly worth examining. China is the world's second biggest gold market after India.
Sommelier Arnie Millan put together a helpful guide for navigating futures season
The green technology industry was warned on Thursday that its growth is threatened by a failure to recycle metals and especially rare earth elements.
The only type of meat billionaire Mark Zuckerberg is eating for now comes from animals he's slaughtered himself. He doesn't want to forget being thankful for what has to die so he can eat.
Apple has settled a lawsuit with a New York City teenager who sold more than $130,000 worth of unauthorized white iPhone conversion kits.
The green technology industry was warned on Thursday that its growth is threatened by a failure to recycle metals and especially rare earth elements.
Lenovo Group Ltd, the world's No.4 PC brand, more than tripled its fourth-quarter net profit, beating forecasts on robust demand from commercial customers and making up for a slowdown in the consumer sector.
Silver Prices handed back most of Wednesday's gains, dropping 6% inside three hours before hovering around $37 per ounce.
Chinese gold demand could rise over 22 percent in the next three years and sharply outpace domestic production, the head of the country's largest state-owned gold miner China National Gold Group said on Thursday, signalling room for a strong ramp up in imports.
The Alipay system affiliated with Jack Ma's Alibaba Group has received a license from China's central bank to operate an electronic payment system in the country, the company said on Thursday.
Neo-Nazi movements have cropped up in some unlikely places. Consider Mongolia, the vast and remote nation in northern Asia.
Lenovo Group Ltd, the world's No.4 PC brand, more than tripled its fourth-quarter net profit, beating forecasts on robust demand from commercial customers and making up for a slowdown in the consumer sector.
Gold prices may continue to stay at high levels in the coming months as investors seek the metal as a safe haven investment on concerns about faster inflation, slowing global economic recovery and geopolitical crisis, according to China National Gold Group Corporation (CNGGC).
Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.35 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.35 percent at 4:50 EDT.
World stocks rose from a two-month low on Thursday while the euro hit a one-week peak versus the dollar, aided by higher commodities and a report on China's possible interest in bailout bonds for Portugal.
The West is bracing for long military operations in Libya to help end conflict there, U.S. President Barack Obama told the British parliament on Wednesday.